TradingCritique

Select Your Brokers to Compare

City Index vs Eightcap : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

City Index

City Index

VS
Eightcap

Eightcap

Icon

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

ECN

Years of Existence / Established Year

1983

2009

Customer Base / Number of Accounts

1M + active customers

80,000 +


Icon

Regulation & Security

Regulations (governing bodies)

CIRO, CySEC, NFA, CFTC, CIMA, FCA, SFC, FSA, MAS, ASIC

SCB ASIC CySEC FCA

Awards Won (count for the last 2 years)

Best trading app, Best CFD provider, Forex broker.com No.1- Performance Analytics new tool, Best in Class overall

Best Broker in Australia in 2024 by FXEmpire Best Forex Brokers 2024 Best Crypto CFD Trading Broker by FXEmpire 2024 Top CFD Broker by FXEmpire 2024

Security Measures

FSCS

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes (only to retail clients. Not for professional traders)


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

13,500+ assets types including Shares

800+ CFD markets

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

No

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

No

Yes

Options

Yes

Yes

Futures

No

Yes

Bonds

Yes

No

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

City Index mobile trading app

No

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard, MT4, Corporate account

Standard account Raw account TradingView account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

€100

$100

Leverage Available

30:1

1:30

Trade Limit (maximum per trade)

Depends on the assets class

Maximum 100 lots

Commission (per account type)

€0

Standard - $0 TradingView - $0 Raw - Each side: 3.5 AUD, USD, NZD, SGD, CAD | 2.25 GBP | 2.75 EUR per standard lot traded

Best Suited For (e.g., beginners, experienced traders)

Beginner to experienced

Beginners & experienced


Icon

Deposit & Withdrawal Options

Deposit Methods

Bank transfer, credit card, debit card, e-wallets

Wire Transfer Credit/debit cards UnionPay Bitcoin Ewallets

Withdrawal Methods

Bank transfer, credit card, debit card, e-wallets

Wire Transfer Ewallets Bitcoin

Other E-Wallets Supported

Paypal

Skrill Neteller Fasapay Dragonpay


Icon

Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Reuters Insider, News and analysis, Trading tools, Advanced trading view Charts

Capitalise.ai AI-powered Economic calendar Eightcap labs Trade Zone Events & Webinars Flash trader


Icon

Fees & Commissions

Trading-Related Fees

UK Shares: 0.10% (min. €8 commission)US Shares: 1.5 cents per share (min. €8 commission)

Spread- starts from 0.0 pips

Spread (typical, fixed, variable)

Fixed and variable spreads

Variable

Per Lot Fees

NA

$3.50 per lot per side

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

$0

NA

Maximum Leverage

30:1

1:30


Icon

Non-Trading Fees

Dormant Fees

$15 monthly fee after 24 months of inactivity

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

$0

Deposit Fee

Credit/ debit card- 2%, others - €0

$0

Currency Conversion Fee

Varies by instrument

NA

Withdrawal Fee

Bank fees may apply

$0


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Crypto - Monday-Sunday (00:00 - 23:59) Forex - 10PM to 7AM Commodities - Monday-Friday (03:00 - 24:00) Stocks US - 9:30am to 4pm


Icon

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

24x5

Customer Support Methods (phone, email, live chat)

Email: [email protected], Phone: 0800 060 8609, Live chat

E mail: mailto:[email protected] Call / Chat: +61 3 8592 2375

Support Languages

6

13+


Icon

Additional Information

Headquarters Location

1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET

Aiolou & Panagioti Diomidous 9, Katholiki, 3020, Limassol, Cyprus.

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
If minimizing trading costs is your top priority, City Index might be more attractive due to its lower commissions. Meanwhile, Eightcap justifies its moderate fees with more robust tools and professional-grade features.
City Index offers a quick and paperless account setup that appeals to traders on the go, whereas Eightcap more involved onboarding process adds an extra layer of safety and regulatory checks.
If you're looking for platform speed and ease of execution, City Index delivers a smooth experience. Eightcap , however, is tailored toward traders who want deeper analysis tools and portfolio insights.
For market veterans, City Index brings the tools they need. New investors might find Eightcap more approachable and cost-effective.